Asian stocks were poised to decline after US equities fell as oil prices and benchmark bond yields climbed. Investors bet that the US Treasury’s efforts to contain borrowing costs may provide only a temporary reprieve. Thirty-year US bond yields rose despite Treasury Secretary Scott Bessent flagging scope for larger debt buybacks and an upcoming fiscal plan. The S&P 500 dropped 0.9%, Walmart Inc. recorded its steepest decline since 2022 after disappointing sales, and the Nasdaq 100 fell 0.7% for a fifth consecutive session. Equity-index futures pointed to declines at the open in Japan, South Korea and Australia, while US contracts were little changed in early trading.